Profunds index and sector trading

[was Steve]

in an effort to stop being too cute and getting in trouble, i opted for all cash instead of a hedged position with index shorts and sector longs. if the boucne taht i am anticipating develops then i will put the shorts back on in next 4-5 days but could be as soon as fridays close or 2 days. i didnt want to play it back up and get stuck holding the bag after waiting so long for da top to get close